1. Florida
2. Gainesville
3. 119 NW 11TH STREET

119 NW 11TH STREET, Gainesville, FL 32601

• 3 beds |
• 1 bath |
• 1,240 sqft

Property Description

Fantastic investment opportunity! ZONED U6! The U6 zoning allows for several additional units to be placed on the same site. Highest & best use is a small MF apartment complex. Located just minutes from the University of Florida (0.3 miles), conveniently close to campus, local dining, shopping, and entertainment. This delightful 3-bedroom, 1-bathroom home offers over 1,200 sqft of living space, screened-in porch and .17 acres with a fully fenced backyard. Also zoned for Retail, Office, Mixed Use and much more! Maximum building height is 60 Feet (74ft w/bonus). Residential density by right is 50 (60 w/bonus). This property allows for a variety of uses, providing incredible flexibility and future potential. It is also located in the Enterprise Zone, this is a delineated area in the City limits. The purpose is to promote development so credits are given to reduce some permitting fees. The home features a spacious layout with plenty of natural light, a cozy living area, updated kitchen & bath, updated roof in 2011 and the HVAC was replaced in 2015. Whether you're looking for a primary residence, a rental property, or a future development opportunity, this home offers unbeatable value in a prime location. Don't miss your chance to own a piece of Gainesville real estate in a highly sought-after area!

Listing Status:

Active

Date Added:

August 28, 2024 at 05:00AM

Listing Office:

BHHS FLORIDA REALTY : 352-225-4700

Listing Agent:

Angelina Ballatore : 352-281-1941

MLS ID:

GC524625

Interior

• General: Ceiling Fan(s)Primary Bedroom Main FloorThermostat
• Appliances: DishwasherMicrowaveRangeRefrigerator
• Laundry: Outside
• Flooring: Hardwood
• A/C: Central Air
• Heating: ElectricNatural Gas
• Fireplace: Wood BurningFireplace

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Angelina Ballatore, BHHS FLORIDA REALTY